SK Telecom is paying support fund of up to $260 (310,000 KRW) for TG N Company Smartphone ‘LUNA’ that it is exclusively releasing on the 4th.

SK Telecom decided to make LUNA’s store price to be $378 (449,900 KRW) and to pay support fund of at least $86 (102,000 KRW) and at most $260 depending on fare system.

If distribution network’s additional support fund is included, overall support fund increases to $98 (117,300 KRW) to $299 (356,000 KRW). According to support funds that are being provided, one has to pay less than $3.36 per month within 24 months of period for cellphone price if he or she is under Band 100 Fare System.

If one is under Band 51 Fare System that has the most members, he or she can pay less than $8.39 per month for cellphone price.

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With its official release on the 4th, SK Telecom is also providing $16.79 (20,000 KRW) worth of special benefits such as $8.39 worth of claim discount from Google Play Store for first 50,000 people.

“By corresponding to a trend where there is an increase of people who are choosing reasonable medium to low-priced cellphones, we are going to continually work hard to release cellphones with high specifications at reasonable prices like LUNA to satisfy customers’ demands.” said Director Kim Sung Soo of SK Telecom’s SD Headquarters.

LUNA can be purchased on SK Telecom’s official online purchasing site ‘T World Direct (www.tworlddirect.com)’ and at certified agency stores in South Korea.

Staff Reporter Kim, Wonbae | adolfkim@etnews.com